Switch on Graphics ApS

CVR 31603285 · Private limited company (ApS) · Active · Medium risk

Switch on Graphics ApS is a Private limited company (ApS), founded on , based in Nibe. The company is registered in the industry andet specialiseret designarbejde. Our model estimates a bankruptcy risk of 2.0% over the next 12 months, which is 1.4 times the average for Danish companies. 17 annual reports have been published, of which 3 more than six months after the end of the financial year. The latest annual report (30 Apr 2025) shows equity of DKK 244k and a net result of DKK -185. CEO: Kenneth Strøm Nielsen.

Bankruptcy risk for Switch on Graphics ApS

2.0%
probability of bankruptcy within 12 months
Medium risk

1.4 × the average (1.41%) · higher risk than 82% of active Danish companies

Lowest riskHighest risk

Increases the risk

Reporting classReporting class B, mikrovirksomhed · bankruptcy rate 23.5%2.7×
CEO's previous bankruptcies2 · bankruptcy rate 16.6%1.9×
Time since new CEO1 yrs · bankruptcy rate 16.2%1.8×
Auditor's statementNo assurance · bankruptcy rate 13.2%1.5×
Equity vs. share capital1× · bankruptcy rate 12.9%1.5×
Audit opted outYes · bankruptcy rate 10.4%1.2×
Auditor registered in CVRNo · bankruptcy rate 10.4%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×

Reduces the risk

Published annual reports10+ · bankruptcy rate 3.0%0.35×
Age (years)10–20 yrs · bankruptcy rate 3.9%0.45×
Share of late annual reports0.01%–25% · bankruptcy rate 4.5%0.51×
Equity ratio40%–60% · bankruptcy rate 4.6%0.52×
Negative equityNo · bankruptcy rate 5.1%0.58×
Return on assets0%–5% · bankruptcy rate 5.8%0.66×
Number of auditors (historical)1 · bankruptcy rate 6.2%0.70×
Going-concern uncertaintyNo · bankruptcy rate 6.4%0.73×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
31603285
Status
Active
Company type
Private limited company (ApS)
Founded
(18 years)
Address
c/o Nielsen, Skalhøje 137
9240 Nibe
Municipality
Aalborg
Industry
Andet specialiseret designarbejde (741400)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n.
Share capital
DKK 125k
Audit opted out
Yes

Warning signs

Annual reports filed late3 of 17
Missing annual reportNo
Negative equityNo
Equity ratio56.4%
Current ratio42%
Moves (last 2 years)0
CEO changes in total5
CEO's previous bankruptcies2
Other companies at the address2
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
Gross profitDKK 20kDKK 49k
Net profitDKK -185DKK 16k
EquityDKK 244kDKK 244k
Total assetsDKK 432kDKK 430k
CashDKK 11k–
Short-term debtDKK 126k–

Latest annual report: Reporting class B, mikrovirksomhed · auditor's statement: No assurance.

Filed annual reports

Reporting periodPublishedDays after period end
1 May 2024 – 30 Apr 2025186 Late
1 May 2023 – 30 Apr 2024165
1 May 2022 – 30 Apr 2023182
1 May 2021 – 30 Apr 2022184 Late
1 May 2020 – 30 Apr 2021153
1 May 2019 – 30 Apr 2020243 Late
1 May 2018 – 30 Apr 2019162
1 May 2017 – 30 Apr 2018154
1 May 2016 – 30 Apr 2017164
1 May 2015 – 30 Apr 2016146
1 May 2014 – 30 Apr 2015167
1 May 2013 – 30 Apr 2014169
1 May 2012 – 30 Apr 2013125
1 May 2011 – 30 Apr 2012109
1 May 2010 – 30 Apr 2011171
1 May 2009 – 30 Apr 201086
8 Jul 2008 – 30 Apr 2009160

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOKenneth Strøm NielsenCurrent
CEOOle Frederiksen
CEOMorten Jørgensen
CEOOliver Nielsen
Owner (67%)SOG-Holding ApSCurrent
Owner (25%)REVILO ApSCurrent
Owner (50%)SOG-Holding ApS
Owner (50%)LOMOCO INVEST AALBORG A/S
AuditorSEBBE CONSULT ApS
FounderSOG-Holding ApSCurrent
FounderLOMOCO INVEST AALBORG A/SCurrent

The CEOs' other companies

Kenneth Strøm Nielsen – 38 other companies, of which 11 bankrupt

Ole Frederiksen – 4 other companies, of which 1 bankrupt

Morten Jørgensen – 41 other companies, of which 2 bankrupt

Oliver Nielsen – 3 other companies

Address history (3 moves)

c/o Nielsen, Skalhøje 137, 9240 Nibe
Genboløsgade 3, 1. th, 9240 Nibe
c/o Morten Jørgensen, Beddingen 7B, 3. th, 9000 Aalborg
c/o Morten Jørgensen, Fuglevænget 2, 9000 Aalborg

Former names

Switch on Graphics ApS – now
REBILD EJENDOMSSELSKAB ApS –

Other companies at the same address

Similar companies in Aalborg

Questions and answers about Switch on Graphics ApS

Has Switch on Graphics ApS gone bankrupt?

No, Switch on Graphics ApS is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Switch on Graphics ApS?

Our model estimates a bankruptcy risk of 2.0% over the next 12 months (medium risk), which is 1.4 times the average for Danish companies.

Who is the CEO of Switch on Graphics ApS?

Kenneth Strøm Nielsen is the CEO of Switch on Graphics ApS.

When was Switch on Graphics ApS founded?

Switch on Graphics ApS was founded on 8 July 2008.

What is the equity of Switch on Graphics ApS?

Equity was DKK 244k according to the annual report for the period ending 30 April 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.